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Collections Jobs in Algonquin, IL (NOW HIRING)

Collections Specialist

Itasca, IL ยท On-site

$18 - $24.25/hr

Collections Specialist About the Opportunity Our client is looking for a Collections Specialist to join a fast-paced team handling late-stage commercial accounts . This role focuses on resolving ...

Collections Specialist

Northfield, IL ยท Hybrid

$19.25 - $26/hr

Collections Specialist Position Overview: Our client is seeking an experienced Collections Specialist to support a highโ€‘volume Accounts Receivable team during a period of increased workload. This ...

Collections Specialist

Itasca, IL ยท On-site

$18 - $24.25/hr

Collections Specialist About the Opportunity Our client is looking for a Collections Specialist to join a fast-paced team handling late-stage commercial accounts . This role focuses on resolving ...

Collections Specialist

Highland Park, IL ยท On-site

$18.75 - $25.50/hr

Collections Specialist Looking for a flexible, part-time accounting role where you can make an immediate impact? This is a great opportunity to step into a hands-on collections position with minimal ...

Collections Specialist

Northfield, IL ยท Hybrid

$19.25 - $26/hr

Collections Specialist Position Overview: Our client is seeking an experienced Collections Specialist to support a highโ€‘volume Accounts Receivable team during a period of increased workload. This ...

Collections Specialist

Northfield, IL ยท Hybrid

$19.25 - $26/hr

Collections Specialist Position Overview: Our client is seeking an experienced Collections Specialist to support a highโ€‘volume Accounts Receivable team during a period of increased workload. This ...

Collections Specialist

Itasca, IL ยท On-site

$18 - $24.25/hr

Collections Specialist Take ownership of complex, high-risk accounts where your collections strategy and problem-solving skills truly make an impact. This is a great opportunity to move beyond basic ...

Collections Specialist

Highland Park, IL ยท On-site

$18.75 - $25.50/hr

Collections Specialist Looking for a flexible, part-time accounting role where you can make an immediate impact? This is a great opportunity to step into a hands-on collections position with minimal ...

Assistant Collections Manager - Insects

Chicago, IL ยท On-site

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Assistant Collections Manager - Insects FLSA Status: Exempt Department: Gantz Family Collections Center Our Mission: Since the 1893 World Columbian Exposition, our organization has aimed to connect ...

Collections Specialist

Chicago, IL ยท Hybrid

$51K - $60K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Collections Specialist Reports To : Sr Financial Analyst Location :Chicago, IL Job Overview: We are seeking a detail-oriented and proactive Collections Analyst to join our finance team. The ideal ...

Collections Specialist

Chicago, IL ยท On-site

$51K - $60K/yr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Collections Specialist Reports To : Sr Financial Analyst Location : Chicago, IL Job Overview: We are seeking a detail-oriented and proactive Collections Analyst to join our finance team. The ideal ...

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Credit & Collections Specialist

Schaumburg, IL ยท On-site

$25 - $28/hr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Credit & Collections Specialist Location : Schaumburg, IL Salary Range : $25-28/hour Benefits : Medical, Dental, Vision Role Overview : Brilliant Financial Staffing has been engaged in the search for ...

Collections Specialist

Vernon Hills, IL ยท On-site

$24 - $26/hr

  • Medical

  • Dental

  • Vision

  • Retirement

Collections Specialist Location: Buffalo Grove, Illinois Assignment Type: 6 month contract with the possibility of extensions Compensation: $24.00 - $26.00 / Hourly depending on experience Benefits:

Collections Representative

Rolling Meadows, IL ยท On-site

$16.39 - $24.16/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

This is not a high-volume call center collections position. Instead, you'll focus on investigating account issues, responding to customer inquiries, collaborating with internal teams, and finding ...

Collections Specialist

Itasca, IL

$68K/yr

  • Medical

  • Dental

  • Vision

  • Retirement

  • PTO

Join KEYENCE as a Collections Specialist Location: Keyence U.S. Headquarters - Itasca, IL Total Compensation (Base + Bonus): $68,281 What You'll Do As a Collection Specialist you will be responsible ...

Digital Collections Representative

Chicago, IL ยท On-site

$17.50 - $22.75/hr

  • Medical

  • Dental

  • Vision

  • Life

  • Retirement

  • PTO

Digital Collections Representative - Downtown Chicago Mandarich Law Group, LLP is a leading debt collection law firm with offices located in multiple states. We are looking for great people to bring ...

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Collections information

See Algonquin, IL salary details

$12

$20

$29

How much do collections jobs pay per hour?

As of Aug 18, 2026, the average hourly pay for collections in Algonquin, IL is $21.00, according to ZipRecruiter salary data. Most workers in this role earn between $17.40 and $23.51 per hour, depending on experience, location, and employer.

What is a collections job?

Collections jobs involve contacting individuals or businesses to recover overdue payments on accounts, loans, or other debts. Professionals in collections work for banks, credit card companies, medical institutions, or third-party agencies to negotiate repayment plans and ensure compliance with financial agreements. They must communicate clearly, maintain accurate records, and adhere to legal and ethical guidelines. Strong interpersonal and problem-solving skills are essential for success in this field.

What are the key skills and qualifications needed to thrive in a collections role?

To thrive in a Collections role, you need strong negotiation, communication, and analytical skills, often supported by a high school diploma or equivalent. Familiarity with customer relationship management (CRM) software, collections databases, and basic accounting systems is typically required. Persistence, empathy, and problem-solving abilities help build rapport with clients and resolve payment issues effectively. These skills are essential for recovering outstanding debts while maintaining positive customer relationships and adhering to legal guidelines.

What are some common challenges faced in a collections role, and how can they be effectively managed?

Collections professionals often encounter challenges such as handling difficult conversations with customers, meeting monthly collection targets, and staying compliant with legal regulations. Effective management of these challenges involves strong communication skills, empathy, and the ability to negotiate payment plans that work for both the client and the company. Additionally, collaborating closely with other departments like customer service and accounting can help resolve disputes and ensure a positive customer experience while maintaining cash flow.

What is the difference between Collections vs Credit Analyst?

AspectCollectionsCredit Analyst
Required CredentialsHigh school diploma or equivalent; some roles may require collections certificationsBachelor's degree in finance, economics, or related field; certifications like CFA are common
Work EnvironmentCollections departments, call centers, financial institutionsBanking, finance firms, credit departments
Employer & Industry UsageUsed by lenders, credit card companies, collection agenciesUsed by banks, credit bureaus, financial institutions
Common Search & Comparison IntentUnderstanding debt recovery rolesAssessing credit risk and financial analysis

Collections focuses on recovering overdue payments and managing delinquent accounts, often involving direct contact with debtors. Credit Analysts evaluate the creditworthiness of individuals or companies to determine lending risks. While both roles are within the financial industry, Collections emphasizes debt recovery, whereas Credit Analysts focus on risk assessment and credit approval processes.

Is collections a good career?

Collections is a job that involves contacting individuals or businesses to recover unpaid debts, often requiring strong communication and negotiation skills. It can offer steady employment and opportunities for advancement, but may involve challenging interactions and strict regulatory compliance. Success in this field often depends on experience, persistence, and understanding of relevant laws and tools.

Is collections a stressful job?

Collections is a job that can be stressful due to the pressure to recover debts and handle difficult conversations with debtors. It often requires strong communication skills, resilience, and the ability to manage rejection and conflict effectively.

What are the most commonly searched types of Collections jobs in Algonquin, IL?

The most popular types of Collections jobs in Algonquin, IL are:

What cities near Algonquin, IL are hiring for Collections jobs?

Cities near Algonquin, IL with the most Collections job openings:

Infographic showing various Collections job openings in Algonquin, IL as of August 2026, with employment types broken down into 1% As Needed, 77% Full Time, 19% Part Time, 1% Temporary, and 2% Contract. Highlights an 92% Physical, 2% Hybrid, and 6% Remote job distribution, with an average salary of $43,678 per year, or $21 per hour.

Collections Specialist

CFS

Itasca, IL โ€ข On-site

$18 - $24.25/hr

Full-time

Re-posted 5 days ago


Job description

Collections Specialist
About the Opportunity

Our client is looking for a Collections Specialist to join a fast-paced team handling late-stage commercial accounts. This role focuses on resolving higher-risk accounts through communication, problem-solving, and strategic follow-up.

This is a great opportunity for someone who enjoys taking ownership of accounts and making a direct impact.


Key Responsibilities for the Collections Specialist
  • Manage a portfolio of approximately 100 highly delinquent accounts (200+ days past due)
  • Make 30โ€“50 outbound calls daily to customers regarding outstanding balances
  • Negotiate payment arrangements and drive account resolution
  • Escalate accounts to legal or repossession when appropriate
  • Perform research and skip tracing to locate customers
  • Prioritize accounts based on exposure and risk
  • Maintain accurate documentation of all account activity

Qualifications for the Collections Specialist
  • Experience in collections or high-volume customer service
  • Ability to handle challenging conversations professionally
  • Strong problem-solving skills and initiative
  • Ability to manage a full workload independently

Preferred Experience for the Collections Specialist
  • Background in commercial collections, equipment finance, or transportation industries
  • Exposure to repossession or legal escalation processes

What Weโ€™re Looking For
  • Strong communicator and people-oriented professional
  • Someone who takes initiative and ownership of their work
  • Comfortable working in a fast-paced, high-volume environment
  • Reliable and team-oriented

Why This Role?
  • Work on complex, high-impact accounts (not basic consumer collections)
  • Supportive, laid-back team environment
  • Opportunity for long-term or permanent placement
  • Positive office culture with a collaborative atmosphere